Khan Academy
FreeMIT 14.02 Principles of Macroeconomics, Spring 2023
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This MIT OpenCourseWare macroeconomics course, taught by Ricardo J. Caballero, is organized around four themes: short-run fluctuations, long-run growth, government policy, and key sectors such as consumer spending, business investment and financial markets. It opens with the questions that dominate headlines, including recessions, inflation, exchange rates and why economies grow at different speeds.
Anyone who follows economic news and wants a framework for it will get value. Policy tools such as monetary policy and government spending are treated as central, so the course suits readers who want to judge policy debates rather than just memorize definitions.
The description points to recent economic events, which makes the material a timely reference.
Instructor: Ricardo J. Caballero
View the complete course: https://ocw.mit.edu/courses/14-02-principles-of-macroeconomics-spring-2023/
YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP62EXoZ4B3_Ob7lRRwpGQxkb
What is a recession? What happened to the U.S. economy in 2020 and 2021, and how did the pandemic, tax and spending policies, and monetary policies affect it? What happened in 2008–2009, during the “Global Financial Crisis”? Why is inflation higher today than at any time in the last three decades? Why does the unemployment rate vary over time? Why is there unemployment at all? Why do exchange rates between currencies fluctuate? How do policies in one country affect other countries? Why do economies
grow at different rates? Why has China’s growth rate exceeded that of the U.S. for more than 30 years, and will such disparities continue? What explains movements in the stock market? These are some of the core questions of macroeconomics. If you are curious about the answers, then this is the course for you.
The course is organized around four major themes: the determinants of short-run economic fluctuations; the determinants of long-run growth; the investigation of government policies, including monetary policy, government spending, and exchange rate policy; and the analysis of key economic sectors, such as consumer spending, business investment, and financial markets.
License: Creative Commons BY-NC-SA
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